Entergy Corporation (NYSE:ETR) is one of the 11 Best Utility Stocks to Invest in According to Hedge Funds. Morgan Stanley lowered its price target on ETR to $86 but maintained an ‘Equal Weight’ rating, citing the impact of Big Tech’s AI investments on the utility sector’s performance.

To meet growing demand, Entergy broke ground on two new power plants with a combined capacity of 1.5 GW in Louisiana. These plants will support Meta’s data center and are expected to save customers $650 million over 15 years, keeping bills lower across the state.

Entergy Corporation (NYSE:ETR) is included in the list of 11 Energy Stocks to Buy for a Retirement Portfolio. While ETR has investment potential, other AI stocks may offer greater upside with less risk. For an undervalued AI stock benefiting from tariffs and onshoring, check out our report on the best short-term AI stock.

Read more at Yahoo Finance: Entergy (ETR) Price Target Trimmed to $86 by Analyst